The Greedy Trader Weekly Analysis
Sign In Apr 25, 2025
Skip Navigation Links
Share
Number of records: 8
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Electric Utilities Industry Stocks Technical Analysis - AEP

Archive
- 4/17/2025 -
Sign In to see current Signals.

American Electric Power (AEP) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorRelative Strength Index and Williams' Percentage Range are overboughtTrend resistance at 107.12
Daily :Daily  MACD line has moved above its signal lineThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a second consecutive positive week for the American Electric Power (AEP). During the week, the AEP gained 3.11 points, or 2.97%, and closed at 107.71 on Thursday, April 17, 2025. It was the best weekly gain since February 21, 2025. AEP was trading at average weekly trading volume.

AEP is a member of Utilities Sector. Utilities is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See AEP long-term trend chart]
A long-term downtrend had started on February 4, 2020 at 104.97 and reached 69.39 on October 6, 2023. AEP lost 35.58 points, or 33.90%, in 191 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (107.12). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See AEP medium-term trend chart]
A medium-term uptrend had started on October 6, 2023 at 69.39 and reached 110.50 on April 3, 2025. AEP gained -41.11 points, or -59.24%, in 77 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 94.37 and resistance is at 119.82. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See AEP weekly technical indicators chart]
Weekly Relative Strength Index and Williams' Percentage Range are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since February 7, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See AEP short-term trend chart]
A short-term uptrend had started on April 9, 2025 at 98.40 and reached 109.03 on April 17, 2025. AEP gained -10.63 points, or -10.80%, in 8 days. The price is now at the 12.42% retracement level.

Daily Technical Indicators: [See AEP daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.70
Williams' Percentage Range (W%R) 31.00
Lane's Stochastic (%D-Slow) 67.40
Greed/Fear Indicator (GFI) 62.70
Moving Average Converg./Diverg. (MACD) 0.29
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 81.98
Overbought
Williams' Percentage Range (W%R) 18.20
Overbought
Lane's Stochastic (%D-Slow) 65.55
Greed/Fear Indicator (GFI) 68.00
Moving Average Converg./Diverg. (MACD) 2.38
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 119.82
Monthly Trendline Resistance 110.95
Monthly Trendline Support 110.47
Upper Bollinger Band 110.09
Price 107.71
Yearly Trendline Resistance 107.12
Daily Stochastic Crossing 105.99
Weekly Stochastic Crossing 105.94
20 Day Moving Average 105.35
50 Day Moving Average 104.68
Lower Bollinger Band 100.56
Parabolic System 98.91
Quarterly Trendline Support 94.37
Sector and Industry
Description Name Rank
Sector Utilities 12
Industry Electric Utilities 106
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 98.40
Low Date 04/09/2025
High 109.03
High Date 04/17/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 110.50
High Date 04/03/2025
Low 98.40
Low Date 04/09/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 110.95
Support 110.47
Low 89.91
Low Date 01/08/2025
High 110.50
High Date 04/03/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 119.82
Support 94.37
Low 69.39
Low Date 10/06/2023
High 110.50
High Date 04/03/2025
Description Value
Direction Down
Chart Pattern Rising Channel
Status Test Resistance
Resistance 107.12
Support 68.81
High 104.97
High Date 02/04/2020
Low 69.39
Low Date 10/06/2023
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.